Not quite what I meant. From my perspective, ZIP's future success is now firmly tied to the US market; without it, ZIP remains a globally irrelevant player in the ANZ marketplace alone, and $0.50 might be a fair value. A ZIP at $5 would derive its dominant revenue from the US, making a dual listing perfectly logical. I have 2 stocks in my portfolio that are dual listed and dilution didn't seem to play a part of it.
News: ZIP Zip Co Announces Completion of Early Redemption of Zip Senior Convertible Notes, page-5
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |